News

HSBC has launched an MSCI Pacific ex Japan ETF listed on the London Stock Exchange.

Investec Asset Management's John Stopford says the group has been selling European and US government bonds as fears over the economic slowdown have become "overdone".

US President Barack Obama has unveiled a $50bn infrastructure spending package aimed at reviving the faltering American economy and cutting the country's mounting unemployment.

Barclays is set to name its investment banking boss Bob Diamond as successor to current chief executive John Varley.

Commercial property may have regained some of the ground it lost since the Lehman Brothers collapse but it appears investor sentiment is cooling on the asset class.

The Global Bond sector reached its highest ever monthly sales figure in July, according to the Investment Management Association.

iShares has launched the first ETF providing liquid exposure to the European high yield debt market.

Adrian Frost and Adrian Gosden of Artemis are to run a new UK and global income fund for St. James's Place (SJP).

The board of the £54m Gartmore Growth Opportunities trust has served ‘protective' notice of termination of its management agreement with Gartmore, following the resignation of Gervais Williams.

A group of institutional shareholders is threatening to issue a joint letter demanding the resignation of Harvey McGrath as chairman of Prudential.